Home investors moving into the suburbs

One firm already owns, rents out 750 area homes

10:48 AM,
Nov. 18, 2013

American Homes 4 Rent owns 11 of the 97 homes on Indian Lake Drive.

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The for-rent signs in a couple of yards are the only visual clues that Hamilton Township's Indian Lake Drive isn't a typical street in a 10-year-old subdivision.

Kids play in well-kept yards, and basketball hoops line the curbs on a late fall afternoon. Yet 11 of the 97 homes on this street aren't owned by individuals, but by a publicly traded company that's renting them out.

Within the past year or so, American Homes 4 Rent has bought more than 750 properties worth $110 million in some of the newest subdivisions in Greater Cincinnati, according to an Enquirer analysis of county property ...